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Yahoo's acquisition of blogging website Tumblr makes sense, Cramer said Monday, and many in the market may not be young enough to realize it.
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Yahoo's acquisition of blogging website Tumblr makes sense, Cramer said Monday, and many in the market may not be young enough to realize it.
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eBay fell$. 06 or. 1 percent, to $56.66. Google rose $9.25 or 1.0 percent, to $918.43. Groupon Inc. fell$. 04 or. 6 percent, to $6.93.
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European shares were mixed on Monday afternoon, after briefly touching fresh five-year highs earlier during the session.
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The big event this week is Wednesday, when U.S. Federal Reserve Chair Ben Bernanke testifies in front of the Joint Economic Committee.
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May 20- Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue.
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Bloomberg's scandal offers uncomfortable lessons in how we do business in a digital era. We're also more tolerant of leaving behind our electronic data, and not calling out missteps.
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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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It's a long time coming, but TV content is showing up on non-TV screens like never before, and people are willing to pay for it. Whatever will become of cable?
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LONDON, May 19- Britain's opposition Labour party, tapping into widening public anger over corporate tax avoidance, wants the government to push for new international rules to force companies to report profit and tax payments country-by-country.
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Cloud computing remains a major secular trend in technology, but investors may not fully appreciate the benefits for Amazon and Google.
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*Microsoft set to unveil new Xbox Tuesday. *Xbox key to Microsoft's broader push into consumers' lives. SAN FRANCISCO/ SEATTLE, May 18- Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.
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*Google expects Glass etiquette to evolve. SAN FRANCISCO, May 18- Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference.
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WASHINGTON, May 17- The technology industry and organized labor are locked in a fight that threatens to complicate the U.S. Senate's immigration bill. At the heart of the debate is whether there is a shortage of Americans with the math and science skills needed for work at technology firms like Facebook Inc, Google Inc and Microsoft Corp..
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SAN FRANCISCO, May 17- Target Corp said on Friday it opened a new San Francisco office to track down technology companies that can help the second-largest U.S. retailer grow its online commerce business.
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eBay rose$. 91 or 1.6 percent, to $56.71. Google rose $5.31 or. 6 percent, to $909.18. Groupon Inc. rose$. 03 or. 4 percent, to $6.97.
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NEW YORK-- Yahoo CEO Marissa Mayer is promising to unveil "something special" Monday evening in New York as she tries to attract more traffic and advertising to the Internet company.
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WASHINGTON, May 17- Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.
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WASHINGTON, May 17- Tom Wheeler, nominated to become the new chairman of the Federal Communications Commission, pledged to divest stakes in AT&T Inc, Dish Network Corp, Google Inc and dozens of other tech and telecoms companies if he is confirmed.
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In the past few months several new names have come into the spotlight. Here are a few of them...beyond the big three to watch.
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eBay rose $1.01 or 1.8 percent, to $56.81. Yahoo rose$. 02 or. 1 percent, to $26.60. Zynga Inc. rose$. 02 or. 6 percent, to $3.39.